401k Investing Mistakes to Avoid
Access to the stock market and all its wealth and wonder is not without pitfalls, as the beating many of us took in the 2008-09 banking meltdown proved. Many folks with 401k investing plans got sucked into common mistakes that actually put their finances in worse shape and threatened their retirement prospects.
We can sum up many of those 401k investing mistakes in terms of the classic seven deadly sins. They’re serious offenses, and committing just one of these mistakes too often can condemn you to a subpar retirement. But thankfully, there are ways to find absolution and fix things before it’s too late.